- Property and Casualty Insurance (C) Committee
- Cannabis Insurance (C) Working Group
- Casualty Actuarial and Statistical (C) Task Force
- Actuarial Opinion (C) Working Group
- Statistical Data (C) Working Group
- Catastrophe Insurance (C) Working Group
- NAIC/Federal Emergency Management Agency (FEMA) (C) Advisory Group
- Surplus Lines (C) Task Force
- Surplus Lines (C) Working Group
- Terrorism Insurance Implementation (C) Working Group
- Title Insurance (C) Task Force
- Transparency and Readability of Consumer Information (C) Working Group
- Workers' Compensation (C) Task Force
- NAIC/International Association of Industrial Accident Boards and Commissions (IAIABC) Joint (C) Working Group
- Property and Casualty Insurance (C) Committee
- Cannabis Insurance (C) Working Group
- Casualty Actuarial and Statistical (C) Task Force
- Actuarial Opinion (C) Working Group
- Statistical Data (C) Working Group
- Catastrophe Insurance (C) Working Group
- NAIC/Federal Emergency Management Agency (FEMA) (C) Advisory Group
- Surplus Lines (C) Task Force
- Surplus Lines (C) Working Group
- Terrorism Insurance Implementation (C) Working Group
- Title Insurance (C) Task Force
- Transparency and Readability of Consumer Information (C) Working Group
- Workers' Compensation (C) Task Force
- NAIC/International Association of Industrial Accident Boards and Commissions (IAIABC) Joint (C) Working Group
2024 Adopted Charges
The Cannabis Insurance (C) Working Group will:
- Assess and periodically report on the status of federal legislation that would protect financial institutions from liability associated with providing services to cannabis businesses operating legally under state law.
- Support insurance regulators’ efforts to encourage the development of admitted market insurers, as well as the expansion of existing admitted market insurers, and reinsurers supporting the market, to ensure coverage adequacy in states where cannabis, including hemp, is legal.
- Stay abreast of new products and innovative ideas that may shape insurance in this space. Provide insurance resources to insurance regulators and stakeholders, as needed.
- Explore potential sources of constraint to coverage limits and availability of cannabis insurance products within the admitted and non-admitted market. Explore the effect of the use of cannabis on P/C insurance lines of business.
NAIC Support Staff: Anne Obersteadt/Aaron Brandenburg
Public Conference Call
Wednesday, May 08, 2024
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 90 minutes
Webex Link
Virtual meeting to 1) Consider Adoption of Dec. 19, 2024, Meeting Minutes, 2) Hear a Presentation from BDSA on Trends and Emerging Issues in the Cannabis Space, 3) Hear a Presentation from Jencap Specialty Insurance on Insurance Availability, Coverage Trends, and New Risks in the Cannabis Space, and 4) Hear a Presentation from the Highway Loss Data Institute on the Effects of Marijuana Legalization on Collision Claims
Public Conference Call
Tuesday, December 19, 2023
1:00 PM ET, 12:00 PM CT, 11:00 AM MT, 10:00 AM PT
Expected Length of Call: 1 hr
Webex Link
Purpose: Virtual meeting to hear a presentation on ALM’s cannabis insurance coverage specialist designation. The Nov. 14 e-vote minutes will also be considered or adoption and an update on cannabis-related legislative activities will be provided by NAIC government relations staff.
Public Conference Call
Tuesday, July 18, 2023
12:00 PM ET, 11:00 AM CT, 10:00 AM MT, 9:00 AM PT
Expected Length of Call: 2 hr
Webex Link
WebEx Meeting (In Lieu of Summer National Meeting): Cannabis Insurance (C) Working Group
Virtual meeting to adopt its June 20 meeting minutes, discuss exposure comments received on and consider adoption of the Understanding the Market for Cannabis Insurance 2.0 white paper, hear a panel discussion on the uncertainties in the treatment of hemp and cannabis
Contacts
Media Inquiries
(816) 783-8909
news@naic.org
Anne Obersteadt
Regulatory Research Specialist
816-783-8225
Aaron Brandenburg
Assistant Director - P&C Regulatory Services
816-783-8271
Please see the current Committee List for a complete list of committee members.